Lot on Seventh Street, Moncton, NB E1E3G3
Key Facts
Description
Formally 5254 Seventh Street. Builder-owned lot with build-to-suit options available. A rare opportunity to secure a centrally located building lot in the fastest-growing city in the Maritimes! This versatile property is zoned R2, allowing multiple development options from a single-family home to a duplex (not a semi-detached) or even a FOUR UNIT APARTMENT BUILDING (with parking variance approval already granted ask REALTOR® for details). The property permits up to 50% lot coverage, including the home, ( garage, sheds, driveways and pools are excluded in that calculation). When building, zoning setbacks for the R2 zone must be followed:Front yard: 6 m Rear yard: 5 m One side yard: 3 m Opposite side: 1.2 m (you choose which side) A site plan and variance application were previously submitted and approved, making this an even smoother path to development. Municipal water and sewer are already in place, saving you time and thousands in development costs. Whether youre a builder, investor, or homeowner, this is a prime opportunity to build in a high-demand area close to all amenities, schools, and transit. (id:31684)
Property Information
Property Type
Land
Ownership
Freehold
Listing #
NB135363
Property Features
- Sewer:
- Public Sewer
Affordability Calculator
$23,380
Estimated monthly payment
$622/mo
Principal $93,520 · Est. interest $130,469 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Moncton, NB
- CA$383,544
- Median Listing Price
- 50
- Median Days on Market
- 1,916
- Median Sq Ft
- CA$215
- Median Price / Sq Ft
- 495
- Active Listings
- This home’s price is 70% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Moncton, NB.
Similar Homes Nearby
Moving Cost Estimate
Listing Courtesy: EXIT Realty Associates
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